2792 Egypt RdAudubon, PA 19403

Property Details for 2792 Egypt Rd

Year built

1910

Lot size

0.48 AC

Property size (Sq ft)

6,031 SF

Zone code

VC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

43-00-03496-00-7

APU

430003496007

Description

This exceptional 5,121 square foot Class B medical office building, situated at 2792 Egypt Rd, Audubon, PA 19403, presents a unique leasing opportunity. Built in 1910 and extensively renovated in 2021, the single-tenant property boasts 2,000 square feet of readily available space. The building features a convenient 24-car private parking lot, enhancing accessibility for patients and staff. The interior layout includes a welcoming waiting room, reception area, dedicated staff workspace, multiple exam rooms/offices, a well-equipped break room/kitchen, and both private and public restrooms. Additional storage is provided in the basement. Located in Montgomery County's Philadelphia submarket, this property benefits from high visibility on Egypt Rd, with an estimated daily traffic count of 15,000-20,000 vehicles. Its strategic location offers easy access to major roadways including Routes 422, 363, the Pennsylvania Turnpike, and the Schuylkill Expressway. The property is zoned VC and sits within the Methacton School District, serving a broad patient base across Audubon, Oaks, Norristown, Collegeville, King of Prussia, and surrounding areas. The building's 220 AMP power supply ensures sufficient electrical capacity. The property's APN is 43-00-03496-007. This is an ideal location for a medical practice, given its history of medical use since 1977.

• CAP approach

  CAP return

  Valuation

  6%

  $1,518,996

  6.5%

  $1,402,150

  7%

  $1,301,997

• Comparable approach

  Method

  Valuation

  Relative Method

  $774,016

  Geo Method

  $788,010

• Alternative Use

  Use

  Valuation

  Residential

  $1,738,666

  Hospitality

  $1,592,609

  Educational

  $1,325,032

  Medical

  $1,370,602

  Retail

  $2,061,161

Location Insight

City

Audubon

County

Montgomery

State

Pennsylvania

Latitude

40.1279

Longitude

-75.4306

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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